CITY OF SEATTLE
RESOLUTION __________________
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A RESOLUTION committing to collaborate with the Executive on the transfer of properties that have a mutual and offsetting benefit lease to the organizations currently residing in those facilities no later than March 2019 in circumstances where those organizations have expressed interest in taking ownership of those properties and a commitment to continue to provide services to the community, and have demonstrated the financial capability of maintaining the facility.
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WHEREAS, the non-profit organizations occupying city-owned facilities with mutual and offsetting benefit leases have provided vital services to Seattle for decades; and
WHEREAS, a response from the Department of Finance and Administrative Services to statement of legislative intent 58-1-A-2 in 2013 indicates that the City's current approach to properties that have a mutual and offsetting benefit (MOB) lease is not sustainable because the existing methodology for calculating cash rent does not cover facility maintenance costs and the non-profits residing in these properties have limited ability to absorb a larger share of rent without needing to reduce services; and
WHEREAS, on October 5, 2016, Seattle's Office of Housing (OH) determined that the benefits of redeveloping the property at 722 18th Avenue (formerly Fire Station 23) for affordable housing do not outweigh the benefits of having Byrd Barr Place (formerly Centerstone) continue to provide services to the community at that location; and
WHEREAS, for 50 years, Byrd Barr Place has provided essential human services to Seattle residents who are struggling to make ends meet, most of whom live at 150% or more below the federal poverty level; and
WHEREAS, on October 7, 2016, OH determined that mitigating the steep slope on the east side of the property at 500 30th Avenue South (Central Area Senior Center) would make redeveloping the site with affordable housing financially unfeasible and the b...
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